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Mar 23, 20242 min read
Netherlands: Action published its 2023 financial results
Discount Variety Retail Chain Action’s net sales increased by 27.8% to €11.3 billion, largely as a result of like-for-like sales growth...
Jul 3, 20232 min read
USA: Dollar General will test and learn from cashierless technology
Discount Variety Retail Chain Dollar General (listed NASDAQ: DG) is experimenting with cashierless technology in one of its North...
Jun 26, 20232 min read
UK: B&M sees higher profit as Britons hunt for bargains
Discount Retail Chain B&M (listed on FTSE) on Wednesday forecast higher core earnings for its 2023-24 financial year, as customers snap...
Jun 6, 20232 min read
Poland: Poundland owner Pepco posts strong sales thanks to store expansion strategy
Discount Variety Retail Chain Poundland owner Pepco has posted an 11% increase in sales and 23% boost in revenue as trading remained...
Jun 5, 20232 min read
Netherlands: Turnover growth textile discounter Zeeman continues
Discount Textile Retail Chain Zeeman (Dutch family owned) will grow its 'consumer turnover' by 115.3 million euros in financial year...
May 15, 20231 min read
Turkey: BİM announces Q1 results
Discount Retail Chain BİM Birleşik Mağazalar A.Ş. (listed BIST: BIMAS) has reported a net income of 1.35 billion Turkish Liras for the...
May 12, 20231 min read
Netherlands: Action is growing fast everywhere
Discount Variety Retail Chain Action (owned by PE investor 3I group) achieved a turnover growth of 36% in the first quarter. In the first...
May 2, 20232 min read
Italy: Todis exceeds €1 bn. in sales, opens 23 new stores in 2022
Italian franchise Discount Retail Chain Todis, owned by the Pac2000A Conad cooperative, exceeded the €1 billion sales milestone in 2022,...
Jul 10, 20222 min read
Italy: Lidl to open 150 new stores by 2024
Discount Retail Chain Lidl Italia (owned by the German Schwarz Group) has reported a 2021 turnover of €5.9 billion (US$6 bn), up +6.9%...
Jun 22, 20221 min read
Latvia: turnover of Lidl Latvija exceeded 101 million euros
Discount Retail Chain Lidl Latvija (owned by the German Schwarz Group) has a turnover of 101.42 million euros (US$ 106 million) from...
Jun 4, 20222 min read
USA: Dollar General piloting self-checkout-only stores
Discount Variety Retail Chain Dollar General’s (listed DG at NYSE) test of stores without staffed checkout counters comes as the retailer...
May 22, 20221 min read
Germany: Lidl with a historic sales result
Discount Retail Chain Lidl (owned by the German Schwarz Group) for the first time in history exceeded the EUR 100 billion (US$106...
Mar 29, 20222 min read
UK: Bestway Wholesale boosts revenues by 10%
Discount Wholesale and Retail Chain Bestway Wholesale (owned by Anwar Pervez) has reported 10% growth in revenues during 2021 to £2.66...
Mar 27, 20222 min read
Netherlands: Action is growing very fast in the corona crisis with US$1.1 Bn
Discount Variety Retail Chain Action (owned by PE firm 3i Group) who sees it as a cheap Chinese rubbish under cheap fluorescent lighting...
Sep 18, 20212 min read
Poland: How much did Lidl earn?
Discount Retail Chain Lidl Poland (owned by the German Schwarz Group) has 13 operating companies in Poland. In the last financial year,...
Jul 17, 20217 min read
Netherlands: Pepco Group strong rebound in turnover thanks to growth strategy
Discount Retail Chain Pepco Group (owned by Steinhoff International and listed WSE: PCO) sums up the third financial quarter ended June...
Mar 27, 20213 min read
Global: Top 50 Global Retailers 2021
The Top 50 Global Retailers is a fresh look at the 50 most impactful international retailers based on their operations at the start of...
Nov 25, 20202 min read
Netherlands: Non-food discounter Action presents €519m EBIT
Discount non-food Retail Chain Action (owned by PE 3i Group) has significantly increased its profitability in the past 12 months. The...
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